Valid SC-400 Test Pattern, SC-400 High Passing Score | Microsoft Information Protection Administrator Certification Exam Cost - Pulsarhealthcare
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NEW QUESTION: 1

A. Option D
B. Option B
C. Option A
D. Option C
Answer: D

NEW QUESTION: 2

A. Option D
B. Option B
C. Option A
D. Option C
Answer: C

NEW QUESTION: 3
During the first quarter of 1993, Tech Co. had income before taxes of $200,000, and its effective income
tax rate was 15%. Tech's 1992 effective annual income tax rate was 30%, but Tech expects its 1993
effective annual income tax rate to be 25%. In its first quarter interim income statement, what amount of
income tax expense should Tech report?
A. $0
B. $30,000
C. $50,000
D. $60,000
Answer: C
Explanation:
Choice "c" is correct. Interim period tax expense is the estimated annual effective tax rate (25% in this
case) applied to the year-to-date income before taxes minus the tax expense recognized in previous
interim periods. Since this question involves the first quarter, there are no previous interim periods. 25% *
$ 200,000 = $50,000. FIN 18, para. 16
Choice "a" is incorrect. Income tax expense is reported in interim income statements.
Choice "b" is incorrect. The 1993 annual estimated tax rate, not the first quarter effective tax rate, is used
to calculate income tax expense for interim statements.
Choice "d" is incorrect. The 1993 annual estimated tax rate, not the 1992 annual effective tax rate, is used
to calculate income tax expense for interim statements.


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Q: I would like to know more about the SC-400 Practice Questions?
A: Reach out to us here SC-400 FAQ and drop a message in the comment section with any questions you have related to the SC-400 Exam or our content. One of our moderators will assist you.

SC-400 Exam Info

In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the SC-400 Exam.

SC-400 Exam Topics

Review the SC-400 especially if you are on a recertification. Make sure you are still on the same page with what Microsoft wants from you.

SC-400 Offcial Page

Review the official page for the SC-400 Offcial if you haven’t done it already.
Check what resources you have available for studying.

Schedule the SC-400 Exam

Check when you can schedule the exam. Most people overlook this and assume that they can take the exam anytime but it’s not case.